The South African Institute of Taxation (SAIT) reviewed SARS’s draft interpretation note regarding income tax exemptions for qualifying water services providers under section 10(1)(t)(ix) of the Income Tax Act. SAIT agreed with the technical interpretation provided and did not raise substantive objections. However, it identified several minor technical and grammatical issues, which are detailed in Annexure A of the submission. SAIT welcomed further engagement if required.
